Elizabeth Warren Net Worth

Elizabeth Warren Net Worth: $12 Million

What is Elizabeth Warren’s net worth?

Elizabeth Ann Warren is an American politician and former law professor whose net worth is $12 million.

She is a senior United States senator from Massachusetts, serving in office since 2013.

In 2012, she became the first female senator from Massachusetts.

Warren is a member of the Democratic Party and is regarded as a progressive. She is focused on improving areas such as social welfare, consumer protection, and economic opportunity.

She was a candidate in the 2020 presidential primaries of the Democratic Party, ultimately finishing third. As a senior senator, Elizabeth Warren earns a salary of $194,000 per year.  

Summary

• Net worth: $12 Million
• Full Name: Elizabeth Ann Warren
• Date of birth: June 22, 1949, 72 years
• Gender: Female
• Birth Place: Oklahoma City, Oklahoma, U.S.
• Height: 5 ft 8 in (1.73m)
• Profession: American politician, former law professor
• Nationality: United States of America

KEY FACTS

• First female elected senator from Massachusetts. 
• In 1996, she became the highest paid professor at Harvard University who was not an administrator with a $181,300 salary and total compensation of $291,876
• From 2005 to 2009, Warren was among the three most-cited scholars in the fields of bankruptcy and commercial law 

Early Life

Elizabeth Warren was born Elizabeth Ann Herring on June 22, 1949, in Oklahoma City, Oklahoma. She is the fourth child of Donald Jones Herring, a U.S. Army flight instructor during World War II, and Pauline Louise, a homemaker. 

Elizabeth Warren lived in Norman, Oklahoma, until she was 11 years old when her family moved back to Oklahoma City. When she was 12, her father, then a salesman, had a heart attack, which led to many medical bills as well as a pay cut because he could not do his previous work. When she was 13, Warren started waiting tables at her aunt’s restaurant.

While in high school, Warren became a star member of the debate team and won the state high school debating championship. She also won a debate scholarship to George Washington University at the age of 16. She initially wanted to be a teacher, but then left George Washington University to marry her high school sweetheart James Robert Warren in 1968.

The couple then moved to Houston, where James Warren was employed by IBM. There, she enrolled in the University of Houston and graduated in 1970 with a Bachelor of Science degree in speech pathology and audiology.

The Warrens then moved to New Jersey when Jim received a job transfer. She soon became pregnant with their daughter, Amelia. She decided to stay at home to care for their daughter. When Amelia turned two, Warren enrolled in Rutgers Law School at Rutgers University–Newark. She received her J.D. in 1976 and passed the bar examination shortly thereafter. Shortly before graduating, Warren became pregnant with their second child, Alexander.

Elizabeth and James Warren divorced in 1978. Two years later, on July 12, 1980, Elizabeth Warren married law professor Bruce H. Mann but kept her first husband’s surname. Warren has three grandchildren through her daughter Amelia

Career

Career before elected office

After obtaining a degree in speech pathology and audiology, Warren taught children with disabilities in a public school for a year. After passing the bar examination, Warren offered legal services from home, doing real estate closings, and writing wills. 

By the late 1990s, Warren had taught law at several American universities while researching issues related to bankruptcy and middle-class personal finance. In 1995, Warren became an advisor to the National Bankruptcy Review Commission and helped to draft a report on bankruptcy regulation and consumer protection. 

From 2006 to 2010, Warren was a member of the FDIC Advisory Committee on Economic Inclusion. During this period, she was appointed as the chair of the Congressional Oversight Panel to oversee the implementation of the Emergency Economic Stabilization Act. President Obama subsequently appointed Warren to be Assistant to the President and Special Advisor to the Secretary of the Treasury.

US Senate

In September 2011, Warren declared her intention to run for the Democratic nomination for the U.S. Senate in Massachusetts. In 2012, Warren ran unopposed for the Democratic nomination for Massachusetts state senator. She won the election, becoming the first ever female elected senator from Massachusetts. 

Elizabeth Warren went on to establish herself as an advocate for the struggling middle class. She was also strongly against the dominance and corruption of corporate CEOs and Wall Street. Due to her strong stand on economic justice, she was assigned a seat on the Senate Banking Committee. There, she fought to hold the big banks accountable for their crimes. In 2016, Elizabeth Warren gained a seat on the Senate Armed Services Committee. 

2020 Presidential Campaign

In 2019, Elizabeth Warren officially announced her candidacy for the Democratic presidential. She released several policy proposals, including plans to reduce student loan debt, free tuition at public colleges, plans to assist family farms, social and economic equity, plans to make huge corporations pay more in taxes, plans to introduce better regulation on large tech companies, and to create more opportunities for American workers. She also proposed a wealth tax on ultra millionaires, or those making more than $50 million.

Elizabeth Warren became known for the number and how incredibly detailed her proposals were. She had more than 45 plans and proposals, covering areas such as universal child care, health care, clean energy, ending the opioid crisis, foreign policy, climate change, and the reduction of corporate influence at the Pentagon.

For much of her campaign, Elizabeth Warren was well polled, being placed second in some polls with Joe Biden. By late 2019, her poll numbers had steadily increased, and a September Iowa poll placed her in the lead. She quickly became one of the frontrunners and was often named as the candidate who ‘cares most about people like you behind Bernie Sanders. Warren withdrew from the race in March of 2020. 

Personal Life

Elizabeth Warren married her first husband, James Warren in 1968. They had two kids, Amelia, and Alexander. The couple divorced in 1978. Two years later, Warren married law professor Bruce H. Mann.

Earning Highlights

Elizabeth Warren was paid more than $200,000 between 2008 and 2010 for working with Travelers Insurance for working on a case related to damages sought by Asbestos victims.

Warren was paid $90,000for serving as an expert witness for the law firm Kenny Nachwalter in 2010.

Between 2008 and 2010, Warren and Mann earned over $10 million according to their tax returns.In 2014, Warren received a $1.2 million advance from publisher Henry Holt & Co. 

Real Estate

In 1995, Elizabeth and Bruce paid $447,000 for a 4,000 square-foot home in Cambridge, Massachusetts. Today, the house is estimated to be worth at least $3.15 million.

In 2013, Elizabeth and Bruce paid $740,000 for a two-bedroom condo in Washington D.C. that is 1,400 square feet. The property is estimated to be worth around $915,000 today.

Elizabeth Warren net worth

Elizabeth Ann Warren is an American politician and former law professor whose net worth is $12 million. She is a senior United States senator from Massachusetts with a salary of $194,000 per year.

If you are interested in knowing other politicians’ net worths, you can do so here: Dianne Feinstein Net Worth, Bernie Sanders net worth